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reid's nevada constituents think about the job he's doing. >>> also, could our debt mean the death of the dollar bill? i don't mean the value of the dollar. i mean the actual dollar bill. it may be on the endangered species list. stay with us. back in a moment. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> welcome back. chevron ceo john watson telling me exclusively today that the second largest u.s. energy company is moving forward on investments despite fiscal cliff concerns. we begin on our conversation, zeroing in on lawmakers' efforts in washington and whether he thinks they can work out a deal. >> i hope we can. there's greatty in the business community waiting for something to be done. there are big concerns abou
that stand to be the big winners. >>> plus, cnbc's rise above road trip continues. next stop, nevada. jane wells looking at how snaene majority leader harry reid's state is handlingle upcoming fiscal cliff. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of t
to disrupters.cnbc.com. >>> up next, our next stop is nevada, home of harry reid and home of the oldest profession. >> mustang ranch. >> why the folks at the mustang ranch are worry about the fiscal cliff. >>> and later former federal reserve chairman paul volcker speaks exclusively with "squawk box" about solving the fiscal cliff. >>> also at the top of the hour, former white house council economic provider greg mankiw. from currency trading for a few to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. >>> welcome back, everybody. secretary treasurer time dpiet nev geithner is going to be speaking today. majority leader eric cantor, house bunt committee chairman paul ryan and the chairman of the house is tax's ways and mean committee, also lunch with republican senate minority leader mitch mcconnell and nancy pelosi. he has a pretty full schedule today. >>> yesterday a number of high-profile corporate leaders met with president obama at the whit
of nevada. north carolina group known as alley pack plans to file a complaint that illegal immigrants are being allowed to vote. in a letter to nevada's secretary of state, they claim illegals are intentionally being register to do pressured to vote. they go on to say if not for this process, democratic senate majority leader harry reid would have never been relie detectorred back in 2010 -- elected in 2010. no comment from the secretary's office. >>> on the benghazi, libya terrorist attack, sources say the white house had to see the classified cable warning or consulate could in the defend against coordinated attack. one former top intelligence official says, quote, the national security council sees everything. if libya was of interest to this administration, the staff saw it. the cable was sent to the office of secretary of state hillary clinton august 16, less than one month before the attack. >>> frustrated drivers still waiting for hours in gas lines that don't move. to make matters worse, triple a says gas in new york city went up by an average of 9 cents a gallon. there has be
, new york state still at 83 weeks. california, 73 weeks. nevada, 73 weeks. you know how the unemployment rate is in nevada. those people are really hurting out there. mark zandi, a lot of people go to him for his thoughts on economy. he believes the unemployment benefits is the most beneficial element to the economy in the short term. do you agree with him? >> no. not to bore our listeners with this keynesian nonsense you print pieces of paper that somehow stimulates the economy. it doesn't. you focus how you enable people to get through a very rough patch that had nothing to do with them. how do you it in a way that doesn't perpetuate unemployment but allows people to get jobs even if it is not what they want at least get back on their feet. in terms of the economy, don't do it in the macro thing to help the economy. no. focus does it enable people to get through a rough patch and get people back on their feet. bill: or do you take the other argument and suggest the more unemployment you receive the less incentive it is for someone to actually find a job? >> well, the b
, may have given them the margin of victory in colorado, nevada, and virginia glaen glen when the latino voters turned out, 71% of them voted for the president. ray suarez, thank you for all your good work from chicago. >> suarez: thanks a lot, gwen. >> woodruff: we'll devote much of the rest of the program to the events of last night and the coming days including what worked and what didn't; what the voters endorsed what's ahead in the president's second term. plus, shields and brooks. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: wall street had its worst day of the year, amid worries about continuing divided government in washington and bad news out of europe. the dow jones industrial average lost nearly 313 points to close at 12,932. the nasdaq fell 74 points to close at 2,937. for more on what happened, i spoke earlier with economist hugh johnson, who runs his own investment services company in albany, new york. so, mr. johnson, tell me, how do we distribute the weight of what's pull the market down? is it the fears in europe? is it the fears about t
of nevada. he beat romney by five points in new hampshire, the state romney's family spends his summers. late last night virginia was called in the president's favor. and more than hurricane sandy, the employment rate, or even the auto bailout what proved decisive was cold, hard demographics. as the obama campaign predicted more than a year ago the white portion of the electorate would drop and it dropped from 74% to 72% in 2012. the president may have won just 39% of white voters but he carried nearly eight in ten nonwhite voters including a whopping 93% of african-americans. 71% of had a tinos, and 73% of asian voters. and despite all the predictions young voters wouldn't turn out, they made up a higher percentage of the electorate than they did four years ago. that's right. a higher percentage of the electorate. romney also fell short on the issue which was supposed to be his calling card for office and which voters picked as their top concern, the economy. nearly as many said the president would be the best to better handle the economy. 49%/48% there. and they picked the president o
are investors taking a gamble in nevada? >> there's not a lot of confidence out there now. rise above road trip, continuing coverage throughout the day on cnbc. >> welcome back to "squawk on the street," as we count down to the breaking news due out at the top of the hour, impending home sales are down. the price target now stands at 16 bucks a share, they are optimistic as we come to the january launch of blackberry. don't take into account the positive tail wind that blackberry will have. we have had a number of analysts out there recently who have raised their price targets as well as estimates and ratings. >> okay, let's get some breaking news now, on home stats. >> good morning, simon, we're here outside bankruptcy court in white plains new york for the latest in the saga of the hostess bankruptcy. liquidation, now the courtroom is reconvening to hear arguments about whether some 19 hostess executives should be getting a retention payout of $1.75 million, these so called bankruptcy bonuses. the interest is not necessarily the amount of the payoff going to the executives, but the fact that
said maybe they go to nevada or not. that may hold true for people in capital gains, but they will not go anywhere. the franchise will go back to them. $77,000 per year, by the way in new taxes for millionaires. cheryl: a fascinating story. governor brown did a victory lap. thank you. dennis: stocks are in a tailspin. the postelection selloff: many on wall street really continuing. cheryl: and also, this is also hyped dreams coming true in colorado, washington. the controversial decision to legalize recreational marijuana. as we go to break, take a look at the 10-year treasury. >> i'm robert gray with a fox business brief. stocks firmly in the red. a day after president obama won reelection, the three major indices are sliding entrances of higher taxes and the fiscal cliff. euro zone debt crisis also in focus me more troubles for ford europe operations. the ceo says europe's fiscal situation means very volatile. they're looking to reduce capacity in the region. exxonmobil has informed the iraqi government it wants out of the west oil project according to a senior ir
. president obama held on in nevada. why? for years no primary challenge. remember, they spent money, they identified, they turned out all the latino voters. colorado, suburban voters, latino voters. the president held onto that one. you were impressed by it, they outhustled governor romney. they held onto iowa, a state governor romney was so confident they were going to get. the republican governor put registration at parody. the republicans thought they could get it. they got outhustled again. wisconsin, the paul ryan pick was not enough. state blue dna. >> scott walker won would have a shot. >> one lesson we learn second-degree that mid-term elections are not presidential elections. obama people said african-american turnout will come back and it did. latino would come back, and it did. this is what you end up with. all of the states i turned blue were states at one point or another the romney campaign felt comfortable and a few felt very comfortable about. president obama outhustled them and ran the board. the luxury of no primary, all that spending on turnout. but look, they wer
by 58% to 40% in florida, 87% to 10% in colorado, at 80% to 17% in nevada, and 60% to 31% in virginia. we will go to one of the swing state in this election now. -- a swing states in this election now. caller: i love the statement that he made about self deportation. absolutely right. that is basically what the gop party is doing, not just to latinos, but everyone else. it is basically 47%. one of the things i would like to mention -- i wrote this over 20 years ago -- we had 36 men in mexico who controlled 54% of mexico's gross national product. how much can they need to buy? i am sick and tired of the 36 men in mexico -- the number of men in the united states, canada, central america, south america, europe and asia, etc., whose lust for more greed and power is destroying the entire planet for man and beast. that bothers me. i feel that they spend their lives living off a bus. -- off of us. as long as we obey their roles, everything is ok. -- off of us. as long as we obey their rules, everything is ok. guest: i think that oftentimes, the process that is taken in -- to having a greater
, virginia, colorado, nevada, those are states that used to be reliably conservative and seem to have gone into the, well, they all went into the obama category this time. we don't know about florida yet. you change those around, you have got a different president. what happened? >> well i think in large part it was the presence of the latino vote as a significant bloc, jon. i think this is part of the changing face of america in general and population. but in the specific context of last night's election it is the changing face of the american electorate. you take a state like florida, you know, used to be, you would think, it is cuban-americans. now as we heard, puerto ricans, people coming from all over latin america. they are not reliably republican voters. in fact, last night, cuban-americans went for romney but the rest of that latino population, way outnumbered them and went heavily for president obama. and you know this is reflected then in questions like, you know, which candidate cares about people like me? which candidate is going to reflect my interests, and for hispanics who w
. this time two years ago in maryland and colorado, in nevada, for example. they had a relatively easy win. but they, obviously, didn't materialize. hey, mike, thanks as usual for joining us. mike allen from politico. >> wolf, thank you for your great coverage. >> suzanne? >> a cough election battle, but president obama is already staring down what may be the biggest challenge of his second term. we're talking about keeping the country from going over that imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not approved for children under 18. people taking maois or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increas
know, nevada went obama and then missouri and then it was the final projection because of ohio, right? >> because of ohio. missouri went for governor romney. as you watched early on, you knew coming in that governor romney had a harder path to 270. you knew he needed this. we haven't called that yet. the president is leading now. it is blue on this map because that is the vote total. you knew he needed this, he needed virginia and ohio and somewhere else. as we watched the vote results come in, we could start here in ohio, a point early on, if you look at this, look at the map, you say look at all that red, the republican had to win. but you look up here and you asked me earlier about surprises, one of the surprises was it came in, where it came into play, was the obama campaign did exactly what it said it would do. without a primary challenge, it spent months and millions saying let's find all these african-american voters in cuyahoga county, key place in cleveland, have their names, their contacts, turn them out and they did. 69 to 30. running for re-election as an incumbent in a ba
side in particular but even i would include the, um, dean heller of nevada who won on the republican side really ran separate from -- not against, but separate from the party platform and the president. you know, if you look at claire mccaskill, john tester, heidi heitkamp from north dakota, joe donnelly for sure in the -- in indiana, these are people who won because they weren't, because they were saying i'm an independent voice, i'm not going to be beholden to my party. and i think that you have an opportunity -- whether or not they take it or not is quite another question -- but you have an opportunity to have a new center in the senate. it will be mostly made up of democrats, unfortunately, but i think it could be interesting to watch all of those people and how they behave particularly when it comes to tax reform. i think that's one praise where they could be tremendously influential and be the bridge that sort of gets that done. >> terrific. i think we still have microphone assistance, and let's play stump the band or ask whatever you like about next year's power structure. i s
for fundraisers in that year. what are we doing when we have the president running around? as i recall the nevada event after libya was a fundraiser. this is the fourth of his time in office is this election year and a spinning in a fundraisers. romney skeen skeen videotaped it is fundraisers talking about the 47% in a private room with people that's what they want to hear. that's who he's meeting with all the time. so this is a problem for both sides and were going to see the pressure in the house and senate races. >> we only have a minute left, but it does to hear if there is an action of some sort taken to compel disclosure or the higher degree of independence for whatever measures the face. the vision of the future two, three, four cyclists on the road butter politics is going to look like. you were describing a minute ago the growth of the party structure composed of these sorts of organizations of the old structure commotions already withering away come in ap completely deteriorated or what you think running a campaign would be by? >> crossroads is a perfect republican party, doing a lot of
lengthy discussions with the democratic leader harry reid of nevada, as well as former majority leader and my good friend george mitchell of maine on this very question. i came away from these conversations reassured that my independence would be respected, and that no party line commitment would be required or expected. and so i have decided to fill eight myself with the democratic caucus because doing so will allow me to take independent positions on issues as they arise and at the same time will allow me to be an effective representative of the people of maine. one final word. by associating myself with one side i am not in automatic opposition to the other. i'd like to repeat that. by associating myself with one side i am not in automatic opposition to the other. in the situation of a republican house, a democratic senate but with substantial powers residing in the minority and a democratic president, no one party can control the outcome of our collective deliberations. as bill clinton might say, it's just arithmetic. in fact, this situation of a divided government has only two pos
, and for that, we have them to thank. >> the majority leader from the senate of nevada. >> the american world has been watching washington very closely. they witnessed a lot of political wrangling and they also saw congressmen make historic and important decisions to avoid default on debt. our country was literally on the verge of disaster. one day left, we were able to get together and avert the disaster. this compromise that we have reached is not perfect. i feel it is important -- can we have order, please? >> n.v. said it will please come to order. we welcome all our visitors and a disturbance is prohibited under the senate rules. the majority leader may proceed. >> i appreciate the kind words that my counterparts have said on the floor. i have gotten to know him and speaker boehner better over this past month. even though i disagree with the direction the legislation took with no bipartisan support of all, it is not the product that we have here. it is not trying to outline to the winners are, the winners are the american people. we settled for less than we wanted and so did the republic
. >> callerare you there? we will try paul and boulder city nevada back your democrats line. paul, hello? >> caller: thank you for c-span. watching the president's comments, he's not going to take a hardline on whether the attacks which are going to go back to the clinton era. i don't understand why this president is not, i mean, as before, i hope we're not seeing a repeat, you know, the progressives and liberals really push him over the line along with labor. you know, he's got to take a stronger stance because the republicans, mitch mcconnell and cantor and boehner, they are not, you know, really acknowledging that the people have sent the message to them. that they want this president agenda, and they want them to work together. they are not acknowledging that. okay, i understand what he's trying to say to take your of the middle class first, but as far as i'm concerned, you know, 39.6%, you know, is more than reasonable. i think after they've had almost 12 years of tax breaks and 300% growth in the last 30 years in the upper 1%, i think they ought to be paying maybe 40%. >> host: pau
Search Results 0 to 28 of about 29 (some duplicates have been removed)